IMPLEMENTATION LEVEL
NationalAFFECTED FLOW
InflowANNOUNCED AS TEMPORARY
NoNON-TRADE-RELATED RATIONALE
NoELIGIBLE FIRMS
allJUMBO
NoTARIFF PEAK
NoFDI: Treatment and operations, nes
On June 4, 2013, Brazil's Finance minister, Mr. Guido Mantega, announced the elimination of the country's foreign investment tax (Imposto sobre Operaçőes Financeiras, IOF) on fixed income funds, which previously stood at 6 per cent. On June 5, with the adoption of Presidential Decree no. 8023/2013, the measure entered into force.
⚑ Please report this page in case you detect an inaccuracy in its content.